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Re: bighouseofi post# 1302

Tuesday, 03/11/2014 6:18:45 PM

Tuesday, March 11, 2014 6:18:45 PM

Post# of 13032
Price movement is a guessing game... The industry is hot.. And CANN looks to be a leader now that they secured 30 mil . There seems to be too much money chasing too few companies. The shares out on this is about 15 mil with a tiny tiny float... If a hedge fund wants to buy $20 or $30 mil dollar position in the market they potentially can run this a lot higher ... Now imagine how many hedge funds there are out there ... And what you mention about OTC is relevant too as if this Company ever up lists to Nasdaq there is a massive amount of funds and mutual funds that could jump in that can't or won't buy OTC ..the volatility will likely be here for a while
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